The Competition Commission of India (CCI) has taken cognisance of a complaint filed against budget airline IndiGo over the widespread flight disruptions that affected passengers across multiple routes in recent weeks. In a press release issued on Thursday, the competition watchdog said it had carried out a preliminary assessment of the information placed before it and decided to proceed further...
Business
India–US trade deal talks move forward, but Delhi refuses to open agriculture market
India is prepared to step up purchases of American defence equipment, energy supplies and aviation products as part of the ongoing India–US trade deal discussions, but New Delhi has made it clear that agricultural goods from the US will not be given entry under the agreement. According to government sources, India and the US are currently negotiating a broad trade...
Paramount’s $108 billion hostile bid for Warner Bros amid Netflix’s merger plans
Paramount Skydance on Monday made a hostile $108.4 billion bid for Warner Bros Discovery, disrupting Warner Bros’ tentative agreement with Netflix in a move aimed at constructing a media giant to rival leading streaming services. This action follows a weeks-long bidding war that saw Netflix, Paramount, and Comcast competing for Warner Bros Discovery’s TV, film studio, and streaming assets. Netflix had appeared...
Air India rolls out new fares after govt order on price caps amid IndiGo crisis
The Air India airlines on Monday said it has begun the roll out of new fares, complying with a direction from the government to all airlines to monitor their flight ticket prices. The government order was issued after it took note of airlines charging hefty prices for flights amid mass cancellations of several IndiGo flights over the past few days. In a...
RBI slashes repo rate by 25 bps to 5.25% from 5.5%
The Reserve Bank of India’s Monetary Policy Committee (MPC) on December 5 decided to reduced the the repo rate by 25 basis point to 5.25% form 5.5% and maintain its “neutral” policy stance, signalling a wait-and-watch approach amid steady inflation and cautious growth The RBI announced a set of liquidity-support measures, including ₹1 lakh crore of OMO purchases and a...
Centre orders smartphone makers to pre-install Sanchar Saathi app
The Department of Telecommunications (DoT) has issued new directions effective from November 28, mandating all mobile handset manufacturers and importers to pre-install the state-owned cybersecurity app Sanchar Saathi on devices intended for use in India. The implementation must be completed within 90 days and a compliance report has to be filed within 120 days. This move, according to the ministry,...
GDP grew 8.2% in Q2, fastest in 6 quarters
The Indian economy grew 8.2% in the July-Sept quarter as a strong comeback by the manufacturing sector and robust services activity helped it clock the fastest pace of expansion in six quarters.Strong domestic demand, which drove factories to produce more ahead of the festival season, helped India remain the fastest growing major economy and shrug off the impact of US...
Canada, India agree to restart trade talks, push for $50 bn. bilateral target by 2030
Canada and India have agreed to restart stalled talks for a new trade deal, the Indian government said on Sunday, after discussions between the two countries paused following a diplomatic spat two years ago. Prime Minister Mark Carney met with India’s Prime Minister Narendra Modi for a bilateral discussion on the sidelines of the G20 summit in Johannesburg, South Africa. “The leaders agreed to...
Sensex rises 513 points, Nifty 50 ends above 26,050
Frontline indices the Sensex and the Nifty 50 resumed their upward march on Wednesday, November 19, with gains led by select IT and banking heavyweights amid mixed global cues. The Sensex closed at 85,186.47, rising 513 points, or 0.61%, while the Nifty 50 clocked a gain of 143 points, or 0.55%, to settle at 26,052.65. The mid and small-cap segments...
Govt. approves 17 projects with ₹7,172 cr investment under electronics component manufacturing scheme
The Ministry of Electronics and Information Technology (MeitY) on Monday (November 17, 2025) announced the approval of seventeen new projects under the Electronics Component Manufacturing Scheme (ECMS), where firms will receive incentive payouts pegged to their turnover. The projects have a cumulative proposed value of ₹7,172 crore. This is the second tranche of announcements, after seven projects were announced earlier this...
India signs 1-year deal to import LPG from US, Hardeep Singh Puri
Union petroleum minister Hardeep Singh Puri on November 17 said that India has signed a ‘historic’ deal with the US to import liquefied petroleum gas (LPG) amid growing pressure to diversify country’s energy sources. Puri said state-run oil companies have clinched a one-year deal to to import 2.2 million tonnes per annum (MTPA) LPG from the US, buying around 10...
Tata Motors Passenger Vehicles Q2 Net profit surges to ₹76,170 cr.
Tata Motors Passenger Vehicles (TMPV), the demerged passenger vehicle arm of Tata Motors, on Friday, November 14, reported net profit of ₹76,170 crore in the second quarter of current financial year, marking a multi fold jump from ₹3,446 crore in the same period last year. The sharp jump in profit came on the back of exceptional gain of ₹82,616 crore...